Hello everyone. First time posting on this forum, searched and couldn’t find any proposals similar to this so hoping it hasn’t been brought up before:
I’d like to propose a low volatility variant of our popular $BCP, perhaps with ticker $BCP-LV. This would be a token representing liquidity provider shares of $BCP paired with $USD++.
It is no secret previous crypto bear markets have been long and brutal. The goal of this token would be to allow risk-averse, potential $BCP investors, to allocate towards a risk-minified variant of the balanced crypto pie. Holders of the $BCP-LV, differing from $BCP, would have limited risk/reward but also be long volatility through accruing a % of any trading fees associated with being a liquidity provider.
While investors could emulate this token on their own, I’d personally be much more inclined to enter $BCP-LV through the bakery - instead of: baking $BCP, buying $USD++ (or some other stablecoin(s)), and entering an LP position (that I have to track on info.uniswap vs. coingecko).
Thank you for your consideration